Sodium Tetraborate Price Trend and Forecast

The Sodium Tetraborate Price decreased in the American market during the first half of the third quarter of 2022. The price decline at the beginning of Q3 2022 was assisted by the poor demand from the pharmaceutical sector. Prices started to rise in the second half of Q3 2022 as demand from the downstream construction sector drove up the cost of Sodium Tetraborate in the US. The supply disruption of upstream Borax from turkey abetted the rising price trend of US Sodium Tetraborate during the end of Q3 2022. At the conclusion of the third quarter of 2022, Sodium Tetraborate was selling for roughly USD 877/MT on the American market.

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